Trump’s New Tariffs Exempt Smartphones, Aid Tesla

US tariffs are no longer applying to certain imported items such as smartphones. This change benefits Tesla, which relies heavily on foreign components for its vehicles. The exclusion applies to select smartphone imports, and the move is seen as a relief for companies that struggle with the original tariff policies.

Source: https://www.barrons.com/articles/tesla-tariff-exclusions-exemptions-trump-e95f05c1